Top telecommunication companies by P/E ratio

Companies: 207 average P/E ratio (TTM): 13.5

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Rank	Name	P/E ratio	Price	Today	Country
201	Tessellis TSL.MI	-0.1809	₹8.65	2.18%	🇮🇹 Italy
202	Slam Corp SLMWF	223	₹1,014	0.00%	🇺🇸 USA
203	China Satellite Communications 601698.SS	327	₹466.17	1.12%	🇨🇳 China
204	Altius Telecom Infrastructure Trust ALTIUSINVIT.BO	46.1	₹165.00	0.00%	🇮🇳 India
205	Hayat Communications Company DIGITUS.KW	< -1000	₹3,48,778	0.43%	🇰🇼 Kuwait
206	Elauwit Connection ELWT	-21.4	₹550.79	0.67%	🇺🇸 USA
207	Internet Initiative Japan Inc. 3774.T	23.0	₹1,316	0.70%	🇯🇵 Japan

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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